Mondelez International, Inc. $MDLZ Shares Sold by New England Research & Management Inc.

New England Research & Management Inc. reduced its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 68.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,162 shares of the company’s stock after selling 15,786 shares during the quarter. New England Research & Management Inc.’s holdings in Mondelez International were worth $386,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Capital International Investors raised its holdings in shares of Mondelez International by 9.7% in the third quarter. Capital International Investors now owns 78,561,316 shares of the company’s stock worth $4,907,892,000 after buying an additional 6,958,868 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Mondelez International by 17.1% during the third quarter. JPMorgan Chase & Co. now owns 69,588,126 shares of the company’s stock valued at $4,347,170,000 after buying an additional 10,137,457 shares during the last quarter. State Street Corp grew its holdings in shares of Mondelez International by 1.5% during the third quarter. State Street Corp now owns 60,309,117 shares of the company’s stock valued at $3,797,087,000 after buying an additional 862,720 shares during the last quarter. Norges Bank acquired a new position in shares of Mondelez International in the 2nd quarter valued at $1,239,834,000. Finally, Ameriprise Financial Inc. increased its position in shares of Mondelez International by 2.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 15,664,043 shares of the company’s stock valued at $977,337,000 after acquiring an additional 323,602 shares during the period. 78.32% of the stock is currently owned by institutional investors and hedge funds.

Mondelez International Trading Down 0.5%

Shares of Mondelez International stock opened at $56.21 on Friday. The stock has a market cap of $72.05 billion, a PE ratio of 29.90, a price-to-earnings-growth ratio of 2.35 and a beta of 0.38. The firm has a fifty day moving average price of $58.57 and a 200 day moving average price of $58.40. Mondelez International, Inc. has a 1 year low of $51.20 and a 1 year high of $71.15. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.59 and a quick ratio of 0.39.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.70 by $0.02. The company had revenue of $10.50 billion for the quarter, compared to analyst estimates of $10.32 billion. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The firm’s revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.65 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Equities research analysts predict that Mondelez International, Inc. will post 2.9 earnings per share for the current year.

Mondelez International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Tuesday, March 31st will be paid a $0.50 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.6%. Mondelez International’s dividend payout ratio is presently 106.38%.

Insider Buying and Selling

In related news, EVP Gustavo Carlos Valle sold 3,000 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $62.00, for a total transaction of $186,000.00. Following the sale, the executive vice president directly owned 99,596 shares of the company’s stock, valued at $6,174,952. This trade represents a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.41% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. UBS Group reduced their target price on Mondelez International from $63.00 to $60.00 and set a “neutral” rating for the company in a research note on Wednesday, January 14th. Sanford C. Bernstein dropped their price target on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Argus raised Mondelez International to a “hold” rating in a report on Thursday, February 12th. DA Davidson restated a “neutral” rating and issued a $62.00 price objective on shares of Mondelez International in a research note on Wednesday, February 4th. Finally, TD Cowen decreased their target price on Mondelez International from $68.00 to $62.00 and set a “buy” rating for the company in a report on Thursday, January 8th. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $67.44.

Mondelez International Profile

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.